Bitcoin ATM operator CoinFlip is considering selling, with a target valuation of $1 billion According to Bloomberg, global Bitcoin ATM network operator CoinFlip is considering selling the company and has hired financial advisors to seek buyers. Insiders say that the company's target valuation is at least $1 billion, but it is still uncertain whether it can be achieved. CoinFlip was founded in 2015 and currently operates over 5500 cryptocurrency ATMs in the United States, Australia, New Zealand, South Africa, and other regions.